Business Store and Financial Management

How does a business plan? How do I make a projection of cash flow? What financial information is good control? These, and many others, are questions that an entrepreneur can make when starting a business. You can have a great idea, but not necessarily financial literacy. And in any case, any help is good.

SCORE (Service Corp of Retired Executives) is an organization of expert managers who offer free voluntary counseling and entrepreneurs. They have hung on its website a set of templates or “templates” free choice, to serve as support to entrepreneurs. It includes Word documents, Excel or PDF, that will help:

* Prepare a business plan for a new company
* Prepare a business plan for an established company
* Request a small business bank loan
* Analyze the break-even point
* Perform a competitive analysis
* Keep a financial record and a calculation of ratios

* Calculate the repayment of a loan
* Prepare a balance sheet, current and forecasts
* Develop a personal statement
* Calculate the costs of a new company
* Projections for benefits to 4 years
* Forecast of cash inflows and outflows to 12 months
* Forecast sales to 12 months

* Make a 12-month forecast profit and loss

A good battery support for entrepreneurs. Like any workforce, capable of improvement or adaptation. But of course it is a basis to build.

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